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Jan 31, 2013
01/13
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. >> obviously democrats would prefer a longer suspension of the debt ceiling which would provide additional economic security and stability as we continue to find ways to decrease the deficit. raising the possibility the united states could default on its obligations every few months is not an ideal way to run government but a short-term solution is better than another imminent manufactured crisis. >> reporter: there will be a whole bunch of amendments proposed today. one would offset every dollar of increased borrowing with spending reductions. another would add 120 day extension to any possible government shutdown threat in the future to give lawmakers to avoid type of bloated bills that get passed in the dead of night and increase the deficit, debt and spending. all the amendments are expected to be defeated and the measure is expected to pass and as for that member pay, folks shouldn't think lawmakers are making too much of a sacrifice. there is constitutional amendment says senators and house members have to be paid. their salaries would be delayed, not denied. jenna: do we have such a
. >> obviously democrats would prefer a longer suspension of the debt ceiling which would provide additional economic security and stability as we continue to find ways to decrease the deficit. raising the possibility the united states could default on its obligations every few months is not an ideal way to run government but a short-term solution is better than another imminent manufactured crisis. >> reporter: there will be a whole bunch of amendments proposed today. one would...
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Jan 24, 2013
01/13
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KQED
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remember how they vowed they would only raise the debt ceiling by a dollar for every dollar cut in spending. now they said never mind. we'll push that down the road. the big fight will be on the sweeping spending cuts that go into effect march 1 and on the government funding that runs out on march 27. march is going to be the month to watch, and it's a month that could end in a government shutdown. >> ifill: is it the kind of fight the republicans want to have to redefine themselveses? >> i think they do. gwen, i think you have to know when to hold them and know when to fold them. yes, the republicans folded on this wise wisely. finally, i think they got some smart on this. you have to pick your fights. they need a breather now. they've been on the defense for a year on tax cuts for millionaires, on toughness, shutting down the government, they're not going to compromise. they need to recalbright here, a reset button needs to be pushed and it seems like in every aspect of government. and fight on future spending, not on obligations already incur. >> ifill: in the inaugural address this week
remember how they vowed they would only raise the debt ceiling by a dollar for every dollar cut in spending. now they said never mind. we'll push that down the road. the big fight will be on the sweeping spending cuts that go into effect march 1 and on the government funding that runs out on march 27. march is going to be the month to watch, and it's a month that could end in a government shutdown. >> ifill: is it the kind of fight the republicans want to have to redefine themselveses?...
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Jan 24, 2013
01/13
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. >> greta: every time we hit one of the mile posts, whether it's sequestration or debt ceiling, taxes going up, whatever it is, what happens is the solution is just to extend is somehow and create another hurdle in a certain period of time and when we get to that point we do it again. i mean. >> that's not the best way to do it. >> greta: is there ever going to be a finality to this. >> one way or the other because there will come a point where the debt will deal with us if we don't deal with it. no doubt it has to be dealt with, we would hope we would deal with it it before that point of crisis before we become europe or one of the places that scramble to deal with it that should been dealt with a long time. the president of the united states gave his inaugural address on monday and barely mentioned the national debt and the fundamental argument only way for the middle class and create prosperity in america is for the government to have more control over our economy, more taxes, more regulations, more spending. there's a fundamental difference between the president's view of our futu
. >> greta: every time we hit one of the mile posts, whether it's sequestration or debt ceiling, taxes going up, whatever it is, what happens is the solution is just to extend is somehow and create another hurdle in a certain period of time and when we get to that point we do it again. i mean. >> that's not the best way to do it. >> greta: is there ever going to be a finality to this. >> one way or the other because there will come a point where the debt will deal with...
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Jan 31, 2013
01/13
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CSPAN2
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obviously, democrats would prefer a longer suspension of the debt ceiling which will provide additional economic security and stability as we continue to find ways to decrease the deficit. raising the possibility that the united states could default on its obligations every few months is not an ideal way to run government, but a short-term solution is better than another imminent manufactured crisis. every republican admit that default would rock our financial system to its core. however, injecting uncertainty in the system every few months also has a chilling effect on the economy. this insecurity doesn't just affect big investment banks or wealthy investors. it costs jobs. all around the country, ordinary americans with 401-k's and college savings accounts are affected. i'm glad republicans set aside their plan to gamble with default. it was bad politics and even worse policy. middle-class americans remember the last time republicans put us through a protracted fight over the debt ceiling in an effort to force deep cuts to social security, medicare and other programs important to the
obviously, democrats would prefer a longer suspension of the debt ceiling which will provide additional economic security and stability as we continue to find ways to decrease the deficit. raising the possibility that the united states could default on its obligations every few months is not an ideal way to run government, but a short-term solution is better than another imminent manufactured crisis. every republican admit that default would rock our financial system to its core. however,...
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Jan 31, 2013
01/13
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CURRENT
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you hear talk about it's immigration, guns, global warming or it's the deficit, or the debt ceiling or whatever. it has been a long time since i heard people here in the congress or even from the white house talk about jobs. what is happening on the jobs front out there? it is getting any better? >> we see only a marginal improvement in some sectors of the manufacturing economy, but there's tremendous pressure upon employers right now uncertain about the economic condition of this country and the follies of our congress, not to be able to make a decision on this so they are withholding investment. they are sitting on piles of cash that could be plowed -- >> bill: still today? >> today. that could be plowed into reinvestment to produce products america needs and the rest of the world. >> bill: have the employers realized they can make more money with fewer employees and that is why they are not hiring? this has been going on for a while, right? >> it's oftentimes i criticize the business community for being such short-term thinkers. it's the bottom line on the quarterly if not monthly o
you hear talk about it's immigration, guns, global warming or it's the deficit, or the debt ceiling or whatever. it has been a long time since i heard people here in the congress or even from the white house talk about jobs. what is happening on the jobs front out there? it is getting any better? >> we see only a marginal improvement in some sectors of the manufacturing economy, but there's tremendous pressure upon employers right now uncertain about the economic condition of this country...